1989-03-16 14:52 BRITISH TRADE COMMISSION
852 5 845 2870 P.05
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The total net assets of companies controlled from Britain is at least
£6,000m. This includes the assets of non-British shareholders in British
controlled companies.
The total gross stock market value of British owned, controlled or managed
companies in Hong Kong in January 1989 was £19,000m. This includes
companies managed by British personnel but not owned from Britain.
6. Some detail of direct net investment from Britain in Hong Kong is published
every three years in a world wide review of British investment prepared by the
Department of Trade and Industry. The latest review was for 1984. At that
time the total figure for direct net investment from Britain in Hong Kong was
£1,538m. This was investment that gave the UK investor an effective voice in
the management of the enterprise; it did not include portfolio investment.
Successive DTI reviews have shown that the value of British investment in Hong
Kong increased slowly up to 1971 (when it was £47m). In the next three years
it trebled; in each of the next three year periods it doubled. Hong Kong now
takes the largest proportion of Britain's investment in Asia. The pattern of
new British investment in Hong Kong, Singapore and Malaysia in each of the
years 1984, 85 and 86 was:
HONG KONG
1984
£42m
1985 1986
£91m £176m
SINGAPORE
MALAYSIA
£200m £5m £47m
£107m
£31m (E43m)
7. The reviews produced by the DTI cover investment in all sectors of the
economy including financial and other services. The only foreign investment
figures available from the Hong Kong authorities are for the manufacturing
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Private notes are available after approval.